The Los Angeles Dodgers formally announced a deal with Time Warner Cable on Monday to create a new TV channel that people familiar with the situation say assures the team more than $7 billion over 25 years. That is double what Major League Baseball thought the local TV rights were worth when the team was sold out of bankruptcy just last year.
Time Warner Cable Inc. has won a contract to carry Los Angeles Dodgers games for at least the next two decades starting in 2014, snatching the games away from Fox Sports after this year's baseball season ends, according to a person familiar with the matter.
Al-Jazeera has a growing reputation for serious news gathering and its reporters have won some of the biggest awards in journalism. What the Pan-Arab news network doesn't have is a significant presence in the U.S.
With its purchase of left-leaning Current TV, the Pan-Arab news channel Al-Jazeera has fulfilled a long-held quest to reach tens of millions of U.S. homes. But its new audience immediately got a little smaller.
The Hollywood Reporter's list of its 10 best stories of the week:
Al-Jazeera, the Pan-Arab news channel that struggled to win space on American cable television, has acquired Current TV, boosting its reach in the U.S. nearly ninefold to about 40 million homes. With a focus on U.S. news, it plans to rebrand the left-leaning news network that cofounder Al Gore couldn't make relevant.
Nobody knows what might have happened had the Los Angeles Lakers been a bit more patient and allowed Kobe Bryant and his teammates some time to adjust to Mike Brown's new Princeton offense, no matter how ill-suited it seemed for their talents.
Time Warner Cable, one of the two big cable companies in the New York area, says it will automatically credit customers for outages caused by Superstorm Sandy.
BeIN Sport says it has reached agreements to be carried in English and Spanish by Time Warner Cable and Bright House Networks, deals that will expand the U.S. distribution for broadcasts on Spain's La Liga, Italy's Serie A and France's Ligue 1.